The household expenditure on margarine in Japan is forecasted to decline from 455 yen in 2024 to 406 yen by 2028. This shows a consistent downward trend over the five-year period. The year-on-year variation percentages indicate a steady average decrease.
From 2023 to 2024 the value remains the same, while from 2024 to 2025 there is a decrease of approximately 2.86%. Similarly, subsequent years show decreases of 2.71% from 2025 to 2026, 2.79% from 2026 to 2027, and 2.87% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is negative, underlining a significant trend of declining expenditure on margarine products.
Future trends to watch for include shifts in consumer preferences, potential health concerns associated with margarine consumption, and competition from alternative spreads such as butter and plant-based options. Market dynamics such as pricing and promotional strategies by manufacturers could also influence future expenditure trends.
